The U.S. consumer confidence index is set for Tuesday morning at 9 a.m. CDT. Traders will keep an eye on the latest weather forecasts and any news out of Ukraine or out of China where new cases of COVID-19 are on the rise.
Weather
A storm system will move out of the Rockies and into the Plains on Tuesday. Scattered showers in the west will spread through the Plains and Midwest throughout the day. Severe storms will be possible from Texas to Iowa with a mix of rain, snow, and potential for a little freezing rain for the Northern Plains and northern Midwest. Winds with the system will also be strong in spots but especially in the drought-stricken west Texas area where heat and winds will combine to further dry soils.